Anyone trading or tried trading equities with Ninjatrader+IB?

[Splat]

Thanks kmiklas. This is more along the lines of what I was looking for. I'm looking to do HFT trading. Depends on what you mean by HS - I'd be looking for quick scalps probably not less than 10-15 seconds though.

 

[xandman]

Thanks xandman.

Firstly, I have used Kinetick before although don't know how reliable the data feed is compared to say Esignal.

The second thing I am concerned about is the reliability and especially the speed of the Ninjatrader equities trade execution data transfer into TWS.

It will be prone to hiccups. It is not production grade.

 

[kmiklas]

Thanks kmiklas. This is more along the lines of what I was looking for. I'm looking to do HFT trading. Depends on what you mean by HS - I'd be looking for quick scalps probably not less than 10-15 seconds though.

HS=High Speed (which I distinguish from high-frequency). HS for me is at least 1ms tick times; IB runs at 250ms. I did a little scalping with IB, and got latency; it drove me CRAZEEE--that's why I stopped. I was on an Xfinity cable connection using TWS over the TWS-API. I also wrote a C++ algorithm that traded through the TWS-API/gateway to speed up the firing of "clicks." Again, latency. Perhaps it was the network, perhaps IB... either way, my rig definitely wasn't the bottleneck: my 4-core I7 processor was firing clicks at 400ns. Regardless, I wasn't getting the prices that I wanted. The orders just weren't getting matched fast enough. But heck, this was just my experience. Try it; one-click trading can be "armed" for scalping. See how you like it.

I personally believe that the FIX interface and private-line connection to the exchange is necessary for HS/HFT, but that is definitely the next price tier up.

It will be prone to hiccups. It is not production grade.

^^^ What he said.

 

[lovethetrade]

I personally believe that the FIX interface and private-line connection to the exchange is necessary for HS/HFT, but that is definitely the next price tier up.

Keith, what's the difference between this and being co-located with the exchange?

 

[Splat]

@miklas - Very useful info. Thank-you for your reply.

 

[Splat]

Just noticed, I had meant to write I'm *NOT* looking to do HFT trading.

 

[Splat]

Keith, what's the difference between this and being co-located with the exchange?

I assume the language used, the implementation behind the interface and the lack of co-location all contribute to the lag.